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Home / Mortgage Advice / U.S. Economy Enters Decline: Layoffs, Store Closures, Chase Mortgage, Ford Motors, Verizon 2019

U.S. Economy Enters Decline: Layoffs, Store Closures, Chase Mortgage, Ford Motors, Verizon 2019



The economy continues to slide towards the next recession / collapse with more warning signs coming out of the retail sector and well as the mortgage industry! Chase bank and Movement Mortgage announced recent major layoffs amidst significant housing market slowdown. We also see big layoffs out of Verizon and Ford Motors. The retail sector pain continues with more store closures of Sears, K-Mart, as well as bankruptcy filing and hundreds of Mattress Firm locations shutting down.

Links to news sources discussed in the video are posted here: https://bullboom.blogspot.com/

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Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments.

Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone’s personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often “one man’s opinion” and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.

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